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2021-03-31-accounts

CHARITY REGISTRATION NUMBER: 1135541

PHOEBE

Unaudited financial statements 31 March 2021

PHOEBE

Financial statements

Year ended 31 March 2021

Pages
Trustees’ annual report 1to6
Independent examiner's report to the trustees 7
Statement of financial activities 8
Balance sheet 9
Notestothefinancialstatements 10to18

PHOEBE

Trustees’ annual report

Year ended 31 March 2021

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2021.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

Reference and administrative details

Registered charity name PHOEBE Charity registration number 1135541 Principal office Room 31 19 Tower Street Ipswich Suffolk IP1:SBE

The trustees

The trustees who served during the year and at the date of approval were as follows:

S Layne (Chair) S Chinenyanga (Treasurer) S Aezad M Rodrigues V Mushati (Resigned 09/07/2021) J Oyelahan (Appointed 12/04/2021)

Independent examiner

L Thurston FCCA Lovewell Blake LLP Chartered accountants First Floor Suite 2 Hillside Business Park Bury St Edmunds IP32 7EA

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PHOEBE

Trustees’ annual report (continued)

Year erided 31 March 2021

Objectives and activities

About PHOEBE

PHOEBE, sometimes marketed as P.H.O.E.B.E (Promotion of Health, Opportunity, Equality, Benevolence, and Empowerment) with either term used throughout these accounts, is a registered charity, with established strong roots withing the Ipswich community, offering by and for specialist advice, advocacy, support and counselling services to black, Asian, minority ethnic, and migrant women in Suffolk area.

Objectives and activities

The object of the charity is set out in the charity's constitution as the relief of poverty, sickness and distress for women, particularly (but not exclusively) those coming from black and minority ethnic communities in Suffolk.

PHOEBE offers specialist advice, information, casework, advocacy, counselling, freedom programme aiid ESOL ciasses for women. PHOEBE helps BME women find safe temporary accommodation when fleeing domestic violence. We signpost women for immigration advice. PHOEBE has weekly children's activities promotig confidence and building self esteem of all girls in Suffolk. PHOEBE works with vulnerable women in Zimbeawe.

Public benefit

In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission's guidance on Public Benefit including, The Public Benefit Requirement (PB1), Running a Charity (PB2) and Reporting (PB3).

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PHOEBE Trustees’ annual report (continueg) Year ended 31 March 2021

Achievements and performance

After analysing our activity, impact, and feedback received in prior periods, we have concluded that women and children from disadvantaged communities have improved their general level of wellbeing and lifequality after accessing PHOEBE services, such as self-esteem workshops, language classes, support groups, counselling, domestic violence support, legal surgery, and general advice.

We have also observed that our service users have reached a greater level of independency, selfdevelopment, confidence, and improved mental health as a result of engagement with our services. Moreover, in the past year we helped women access financial support and services, which provided with a higher level of stability and safety.

Self Esteem Workshops

Research conducted nationally has shown that young people are hugely challenged to create their own identity when surrounded by the media that portrays a distorted view on beauty and what is considered "perfect". This can have a detrimental effect on a young girl's self-esteem and may lead to them developing eating disorders such as anorexia nervosa and self-harming. Hence, P.H.O.E.B.E Self-Esteem project continued to promote and assist positive self-esteem as a crucial life skill which, in turn, will enabled the girls to build the foundation for which they can recognise their strengths and fulfil their full potential in all aspects cf their lives.

Prior to !eckdown, P.H.O.E.B.E.s aim was to deliver these workshops in local schools and organisations. However, COVID-19 prevented us from doing so and we had to adapt the plan to allow for the workshops to be delivsred via Zoom. This adaptation meant we have had to adapt our session plans, as working online can be restrictive to the activities we wish to run. Despite this, PHOEBE delivered weekly Self-Estesm workshcps to young girls via online platforms to ensure they still had the opnortunity to engage, where we aimed to empower girls to increase their confidence in making decisions, choosing non-stereotypical careers, standing up for themselves and others, and improve their mental health and resilience.

Domestic Violence

Domestic abuse affects women from all ethnic backgrounds, however Black, Asian and other migrant women are likely to face additional barriers to seeking/ receiving the help that they need to break free from abuse.

The lockdown demonstrated escalation on frequency and severity of abuse on the domestic abuse cases. During this period, PHOEBE has received more referrals where the risk of serious harm was rated as high than usual. PHOEBE remained committed to proving domestic advocacy services to women from the BAME community in order to support them flee domestic abuse safely.

Most of these women struggled to seek support during difficult times, not only due to the language barrier and lack of knowledge of the services they can access for support, as well the fear of accessing a service and feeling discriminated or oppressed, especially as for some a fear of racism can act as a barrier to accessing services and seeking advice about the domestic violence they experience. During the pandemic, PHOEBE continued working throughout the lockdown, mainly online and via the phone, to ensure that during this period, these women needs were still met.

Welfare

As a rssult of COVID-19 and its repercussions on the BAME community and the many cases coming through our door of survivors that had to flee their homes and start from nothing during this past year or that were made redundant during the pandemic, we desperately needed to continue to extend the wide range of services we already offered, including the welfare support. We needed to continue offering help with feod, gas and electricity top ups to support the women from the BAME community to fight the financial struggles they faced during the pandemic.

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PHOEBE

Trustees’ annual report (continuea)

Year ended 31 March 2021

At PHOEBE we believe every woman should not struggle to feed her family and should be able to feed themselves and their children. Despites the challenges, throughout the pandemic, PHOEBE offered support, hope and security to those experiencing food poverty through providing fuel top ups and partnering with FIND food bank to provide 59 vulnerable families with food parcels to survive during this challenging period.

ESOL

Language is a barrier to many women we work with as English isn't their first language and as a result, tnis can lead to miscommunications in practice. This was particularly hard for women during the lockdown period. They did not have the regular drop in sessions where we offered them support in their language and helped them identify and solve their problems. Therefore, PHOEBE offered ESOL classes to our service users to improve their English, which consequently improved their communication skills, employability rates and independence.

Due to the COVID-19 pandemic, the classes had to be delivered online due to lockdown measures and increased risk to our service users, staff and volunteers.

Within the ESOL classes delivered online we offered service users speaking, reading, writing and grammar lessons. We have covered various subjects within the activities delivered including health, jobs, hobbies, transpori, sports to improve their language and communication skills.

Counselling service

As well as providing practical urgent support and advocacy services, PHOEBE offered counselling sessions to service users with the aim to support them to heal, to improve their self-esteem and to have support in regaining wellbeing and life balance. Life was extremely stressful during the lockdown and we offered counseling via the telephone and on zoom. PHOEBE addressed the mental health struggles of women with weekly counselling/ life coaching throughout the lockdown virtually.

You can't break me project

The You Can't Break project was developed with the aim to support young women in probation, in particular those who have previously experienced gender-based violence and abuse. PHOEBE has addressed the barriers that ex-offenders experience when attempting to reintegrate into society, including support with their mental health through counselling, legal advice, and support enhancing their skills. This support was offered via the phone and on zoom, where possible. Women were also offered welfare support where they faced financial hardship.

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PHOEBE

Trustees’ annual report (continueg)

Year ended 31 March 2021

Financial review

The charity's financial activities for the year are shown in the statement of financial activities within these financial statements. These show principal sources of funds for the domestic violence, self-esteem and ESOL projects, and for student social worker placements. This funding has enabled the charity to successfully operate the projects and provide the services detailed in the trustees report.

Reserves policy

The charity's reserves policy is to maintain reserves at a level adequate to protect its ongoing work. This policy is reviewed annually. The charity aims to hold sufficient reserves to cover three months’ running costs plus statutory redundancy costs.

As at the year end date, the unrestricted reserves amounted to £64,394 (2020: deficit of £3,273) which remains to be carried forward. The charity continues to seek additional funding to ensure that it can maintain and extend its vital work.

There are no material uncertainties about the charity's ability to continue.

Plans for future periods

PHOEBE will continue providing domestic violence support, English classes, workshops, counselling, legal advice, and practical support to women, particularly those coming from BAME and migrant communities. We aim for the coming year to increase availability of mental health counselling sessions, and to engage more with the community through outreach work,

Moreover, we will be looking at developing some of our services and making them more available online to account for the new concerns arising due to the COVID-19 pandemic.

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PHOEBE

Trustees’ annual report (continuea)

Year ended 31 March 2021

Structure, governance and management

PHOEBE is an unincorporated charity originally established under its constitution on 8 March 2007 as the Zimbabwe Womens' Resource Centre. It became a registered charity (number 1135541) on 15 April 2010 and is governed by its constitution adopted 8 March 2008 and as amended on 2 October 2012 and by its trustees who meet on a regular basis. The current trustees are as stated in the reference and administrative details to these accounts.

Recruitment and appointment of Trustees

The trustees who are also directors of the charitable company are elected at the Annual General Meeting. One third of the directors retire at the Annual General Meeting and are eligible for immediate re-election.

Further irustees may be appointed at any time, at the discretion of the trustees. A new trustee would receive copies of the constitution, the latest annual report and accounts and relevant guidance publicaticns from the Charity Commission.

True and fair override

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view'. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Independent examiner reappointment

A resolution to appoint L Thurston FCCA of Lovewell Blake LLP as independent examiner will be proposed at the next Annual General Meeting.

The trustees’ annual report was approved on 1G fia] 2044 and signed on behalf of the board of trustees by: S LayneBoe(Chair) Trustee

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PHOEBE

Independent examiner's report to the trustees of PHOEBE

Year ended 31 March 2021

| report to the charity trustees on my examination of the financial statements of the charity for the year ended 31 March 2021 which comprise the statement of financial activities, balance sheet and the related notes.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

| report in respect of my examination of the charity's financial statements carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination because | am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. _ the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Your attention is drawn to the fact that the Charity has prepared the accounts (financial statements) in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been wi:hdrawn.

| understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015,

IThudS 22} 0-2)

L Thurston FCCA

Independent Examiner

Lovewel! Blake LLP Chartered accountants First Floor Suite 2 Hillside Business Park Bury St Edmunds IP32 7EA

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PHOEBE

Statement of financial activities

Year ended 31 March 2021

2021 2020
Unrestricted Restricted
funds funds Totalfunds Total funds
Note £ £ £ £
Income and endowments
Donations and legacies 4 422,552 273,710 396,262 79,875
Total income 422,552 273,710 396,262 79,875
Expenditure
Charitable activities 5 54,885 108,222 163,107 71,457
Total expenditure 54,885 108,222 163,107 71,467
Net income and netmovement in funds 67,667 165,488 233,155 8,408
Reconciliation offunds
Total fuinds brought forward (3,273) 14,891 11,618 3,210
Totalfundscarriedforward 64,394 480,379 244,773 11,618

The statement of financial activities includes all gains and losses recognised in the year. A!l income and expenditure derive from continuing activities.

The notes on pages 10 to 18 form part of these financial statements.

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PHOEBE

Balance sheet

31 March 2021

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |2021|2020| |(restated)| |Fixed|assets|Note|:S|£|£|£| |Tangible|fixed|assets|8|7,643|2,425| |Current|assets| |Debtors|9|34,903|-| |Cash|at|bank|and|in|hand|211,872|14,636| |246,775|14,636| |Creditors:|Amounts|falling|due within| |one|year|10|(9,645)|(5,443)| |Net|current|assets|237,130|9,193| |Total|assets|less|current|liabilities|244,773|11,618| |Net assets|244,773|11,618| |Funds|of the|charity| |Restricted|funds|180,379|14,891| |Unrestricted|funds|64,394|(3,273)| |Total|charity funds|44|244,773|11,618|

----- End of picture text -----

Theeuch lieffinancial 224, andstatements are signedwere on behalfapproved of the boardby theby:board of trustees and authorised for issue on

S Layne (Chair) Trustee

The notes on pages 10 to 18 form part of these financial statements.

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PHOEBE

Notes to the financial statements

Year ended 31 March 2021

  1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Room 31, 19 Tower Street, Ipswich, Suffolk, IP1 3BE. Statement of compliance compliance The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

2. Statement of compliance compliance

  1. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by ‘he revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

In the previous year the charity prepared its accounts using the receipts and payments basis however this year, as the charity's gross income is more than £250,000, the charity has prepared accounts ‘or the current year using the accruals basis accordingly. The results for the previous year, which are the comparatives shown in these accounts, have been restated so that they are presented on the same basis. The impact of the change in basis on reserves amounted to an increase of £1,299 in unrestricted funds and £Nil in restricted funds.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The accounts have been prepared on the going concern basis and the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected income and expenditure for the next 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. The trustees have taken into account the impact of COVID-19 when assessing going concern.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds where necessary are unrestricted funds earmarked by the trustees for particu!ar future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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PHOEBE

Notes to the financial statements (continued)

Year ended 31 March 2021

  1. Accounting policies (continued)

Income

All incoming is included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Voluntary income is received in the way of grants, legacies, donations and gifts and is included in full in the statement of financial activities when receivable. Grants, where entitlement is conditional on the delivery of a specific performance by the charity, are recognised when it is considered probable that the income will be received.

Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.

Investment income where necessary consists of bank interest and is accounted for when receivable.

Expenditure

Ali expenditure is acccunted for on an accruals basis as a liability is incurred. Expenditure includes any VAT that cannot be recovered and is reported as part of the expenditure to which it relates.

Cost of raising funds comprise of the costs associated with attracting voluntary income and the cost of trading for fundraising purposes.

Charitable expenditure comprises of those costs incurred by the charity in the delivery of its activities ard services for its beneficiaries. It includes costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs are included within charitable expenditure. These are costs associated with the constitutional and statutory requirement of the charity and include the accountants fees and costs linked to the strategic management of the charity.

All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of resources.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

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PHOEBE

Notes to the financial statements (continued)

Year ended 31 March 2021

3. Accounting policies (continued)

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Office Equipment

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Fer the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or paable including any telated transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

4. Donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2021
£ £ £
Donations
Donations 3,034 7,605 10,639
Grants
Grants receivable 119,518 266,105 385,623
422,552 273,710 396,262

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PHOEBE

Notes to the financial statements (continueg)

Year ended 31 March 2021

4. Donations and legacies (continued)

Unrestricted Restricted Total Funds
Funds Funds 2020
(restated)
£ £ £
Donations
Donations 651 624 1,275
Grants
Grants receivable 4,300 74,300 78,690
4,951 74,924 79,875

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PHOEBE

Notes to the financial statements (continue)

Year ended 31 March 2021

5. Expenditure on charitable activities

Unrestricted Restricted Total funds
funds funds 2021
£ £ £
Wages and salaries 36,462 56,933 93,395
Telephone 1,017 1,130 2,147
Staff training andwelfare 88 950 1,038
Project activity costs and events 6,863 33,356 40,219
Other office costs 725 6,340 7,065
Rent and rates 3,862 2,547 6,409
Insurance 97 419 516
Postand stationery 267 308 575
Small equipment 345 3,934 4,279
Support costs 5,159 2,305 . 7,464
54,885 108,222 163,197
Unrestricted
funds
Restricted
funds
Total funds
2020
£ £ £
(restated)
Wages and salaries (1,477) 19,828 18,351
Telephone 128 2,770 2,898
Project activity costs and events 1,266 40,669 41,925
Other office costs 1,020 459 1,479
Rent and rates 1,500 1,500 3,000
Insurance 475 - 475
Post and stationery 208 85 293
Small equipment (1,044) 1,515 471
Support costs 1,425 1,440 2,565
3,201 68,266 71,467
Analysis ofsupport costs
2021 2020
£ £
Independent examiners fee 3,600 1,110
Legal and professional 2,132 369
Depreciation 1,732 1,095
7,464 2,565

Avs

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PHOEBE

Notes to the financial statements (continueg)

Year ended 31 March 2021

6. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

2021 2020
£ ¥
Wages and salaries 85,831 18,019
Social security 6,700 -
Pension 864 392
93,395 18,351
The average head count ofemployees during the yearwas 5 (2020: 2).
No employee received employee benefits ofmore than £60,000 during the year (2020: Nil).
Trustee remuneration and expenses
The key management personnel of the charity comprise the trustees and the charity manager. The
total amount of employee benefits (including employer pension contributions) received in respect of
key management personnel for non trustee related services amounted £36,957 (2020: £12,988).
Trusteeswere reimbursed expenses amounting to£60 (2020: £Nil) during the year.
Tangible fixed assets
Office
Equipment
£
Cost
At 1 April 2020 (as restated) 9,822
Additions 6,950
At 31 March 2021 16,772
Depreciation
At 1 April 2020 7,397
Charge forthe year 1,732
At 31 March 2021 9,129
Carrying amount
At 31 March 2021 7,643
At 31 March 2020 2,425
Debtors
2021 2020
(restated)
£ £
Prepayments and accrued income 34,750 =
Other debtors 153 -
34,903 -

The average head count of employees during the year was 5 (2020: 2).

  1. Trustee remuneration and expenses

The key management personnel of the charity comprise the trustees and the charity manager. The total amount of employee benefits (including employer pension contributions) received in respect of key management personnel for non trustee related services amounted £36,957 (2020: £12,988). Trustees were reimbursed expenses amounting to £60 (2020: £Nil) during the year.

8. Tangible fixed assets

Office
Equipment
£
Cost
At 1 April 2020 (as restated) 9,822
Additions 6,950
At 31 March 2021 16,772
Depreciation
At 1 April 2020 7,397
Charge forthe year 1,732
At 31 March 2021 9,129
Carrying amount
At 31 March 2021 7,643
At31March2020 2,425

9. Debtors

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PHOEBE

Notes to the financial statements (continued)

Year ended 31 March 2021

10. Creditors: Amounts falling due within one year

2021 2020
(restated)
£ £
Accruals and deferred income 3,420 1,375
Social security and othertaxes 286 1,279
Wages payable 5,939 2,039
Other creditors - 750
9,645 5,443

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PHOFBE

Notes to the financial statements (continued)

Year ended 31 March 2021

11. Analysis of charitable funds

Year ended 31 March 2021

1 Apr2020 Income Expenditure Transfers 31 Mar 2021 Transfers 31 Mar 2021
£ £ £ 5 £
Restricted funds
Domestic violence project 5,193 195,430 (59,364) - 141,259
Selfesteem project 16,547 42,475 (21,304) - 37,718
ESOL project 3,198 3,040 (3,167) - 3,071
PHOEBE Zimbabwe (10,047) 32,765 (24,387) - (1,669)
14,891 273,710 (108,222) = 180,379
Unrestricted funds
General funds (3,273) 122,552 (54,885) - 64,394
Total funds 11,618 396,262 (163,107) = 244,773
Year ended 31 March 2020
1 Apr2019 Income Expenditure Transfers 31 Mar 2020
£ 3 £ £ e
(restated)
Restricted funds
Domestic violence project 2,037 21,449 (18,293) = 5,193
Selfesteem project 2,278 34,187 (19,918) - 16,547
ESOL project 2,857 1,165 (824) - 3,198
PI1OEBE Zimbabwe 1,061 18,123 (29,231) - (10,C47)
8,233 74,924 (68,266) - 14,891
Unrestricted funds
General funds (5,023) 4,951 (3,201) = (3,273)
Totalfunds 3,210 79,875 (71,467) -_ 11,618

Purpose of restricted funds

Domestic violence project - This represents funding towards women of the BAME community fleeing do.nestic violence.

Self esteem project - This represents funding towards self-esteem workshops to young girls in schools and the local community.

ESOL project - This represents funding towards women who come into this country wishing to adapt and be actively involved in the local community and wider social groups. Those who do not speak

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PHOEBE

Notes to the financial statements (continued)

Year ended 31 March 2021

English have limited access to education, work in low paid, physically demanding jobs, and preseni a high risk of becoming victims of misinformation, exploitation, abuse, and modern slavery.

PHOEBE Zimbabwe - This represents funding towards women and girls facing issues such as domestic violence and mental health, primarily from black and minority ethnic communities in Zimbabwe.

12. Analysis of net assets between funds

Year ended 31 March 2021

----- Start of picture text -----
|||||| |---|---|---|---|---| |Net|current| |Fixed|Assets|assets|Total| |£|£|£| |Restricted|funds|6,281|174,098|180,379| |Unrestricted|funds|1,362|63,032|64,3094| |7,643|237,130|244,773|

----- End of picture text -----

Yeer ended 31 March 2020

----- Start of picture text -----
|||||| |---|---|---|---|---| |Net|current| |Fixed|Assets|assets|Total| |£|£|£| |Restricted|funds|1,775|13,116|14,891| |Unrestricted|funds|650|(3,923)|(3,273)| |2,425|9,193|11,618|

----- End of picture text -----

13. Opcrating lease commitments

The total future minimum lease payments under non-cancellable operating leases are as follows:

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2021|2020| |(restated)| |£|£| |Not|later than|1|year|3,000|3,000|

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14. Related parties

During the year the charity incurred costs of £24,387 (2020: £29,231) received income of £32,765 (2020: £18,123) and made net receipts after payments of £8,378 (2020: net payments after receipts £11,108) from PHOEBE Zimbabwe, a related party charity which has an independent trustee board but has key management personnel in common with PHOEBE. At the year end there as a deficit of £1,3669 (2020: £10,047) in the restricted fund which relates to PHEOBE Zimbabwe.

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